Toronto, Canada-based leading provider of operations management software for home service businesses, Jobber, raised USD 100 million in growth funding. The Series D round took place on February 7, 2023. Global growth equity investor General Atlantic led the financing for the firm. Existing investors such as Summit Partners, Version One Ventures, and Tech Pioneers Fund participated in the funding.
As a part of the deal, Aaron Goldman, Managing Director and Head of Enterprise Technology Investing at General Atlantic, joins Jobber’s Board of Directors.
Purpose of financing for Jobber
With the latest capital injection from Series D, the company seeks to invest in its continued growth. Meanwhile, Jobber seeks investment opportunities in R&D, sales and marketing, and new customer acquisition.
Earlier in January 2021, Jobber raised USD 60 million USD growth equity financing. Summit Partners led the funding back then.
What the company’s officials have to say
Sam Pillar, CEO and co-founder of Jobber, said, “While this is an important milestone for Jobber, what we care about most is the success of the small businesses we serve. We’re committed to doing everything we can to help them transform the way they deliver their services and operate their companies. We’re thrilled to partner with General Atlantic as we continue to pursue our mission of helping the people in small businesses be successful and further entrench our leadership position in this important and growing small business category.”
In addition, Shawn Cadeau, Chief Revenue Officer at Jobber, said, “Although we’re proud of our growth to date, the real opportunity lies ahead of us. There are more than 6.2 million home service businesses in North America alone delivering more than $600 billion in services each year that can benefit greatly from using Jobber.”
What the investor has to add
Aaron Goldman, Managing Director at General Atlantic, commented, “We believe Jobber is bringing much-needed innovation to the small business segment, a category traditionally underserved by technology solutions and is still in the early stages of digital adoption. With a platform that is purpose-built for the home service category, Jobber has an opportunity to continue deepening its value as the platform of choice with its customers. We are pleased to partner with Sam and the Jobber leadership team as they focus on strategic growth and continued product expansion.”
About the company
In 2011, Founders Forrest Zeisler and Sam Pillar launched the company. Jobber has nearly 600 employees located across Canada, with some based in the U.S. and Latin America. The company is an award-winning operations management platform for small home service businesses.
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